LGT Wealth Management opens Edinburgh office
Its first in Scotland and fourth in the UK
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Assetco swoops on SVM Asset Management in £10.7m deal
But its sixth M&A deal since January 2021 marks a big shift in how the acquisition will be funded
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Beaufort Group bought by ex-Quilter Financial Planning CEO and CFO
The duo secured private equity funding to set up their own business which has nation-wide ambitions
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Caledonia looking to sell 7IM for £400m
After rejecting £300m unsolicited takeover bid by Brooks Macdonald
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AJ Bell CEO to step down in October
Andy Bell’s successor has been named as deputy CEO Michael Summersgill
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Ascot Lloyd poised to seal several M&A deals
Its new parent company has given the IFA firm ‘significant firepower’ to expand its footprint
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Assetco aims to get River and Mercantile profitable by early 2023
As the company plans to attract more investors by sub-dividing its ordinary shares
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CBAM makes quintet of hires from Sanlam and Rathbones
They will be based in London and the asset manager’s new Chichester office
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M&G inks long-term distribution partnership with Fintel
Joining more than 20 other businesses that have already signed up to the service
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Hawksmoor to merge with wealth manager
The combined businesses will have eight offices
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Downing sells VCT business to Foresight for £17.8m
Infrastructure and PE manager to acquire £275m worth of mandates
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US PE firm acquires majority stake in London & Capital
Management team will retain a ‘significant minority stake’